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An investor buys a property for $612,000 with a 25-year mortgage and monthly payments at 8.8% APR. After 18 months the investor resells the property

An investor buys a property for $612,000 with a 25-year mortgage and monthly payments at 8.8% APR. After 18 months the investor resells the property for $673,326.

How much cash will the investor have made from the sale, once the mortgage is paid off?

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